Abstract
Home mortgage or KPR is regarded as an alternative answer for possessing a house recently, Home mortgage should be possible either through Conventional bank and sharia bank. However, recently there have been new alternatives of owning home by using non-bank Islamic mortgage. Where the mortgage can presently be directly handled by the developer without involving the bank. The issues of this Paper are describing the opinion that non-Bank Islamic Mortgage is more sharia than Islamic Banking in providing Islamic Housing, such as no BI Checking, no riba, no fines, no confiscation, and etc. The purpose of this research is to identify the scheme of non-bank Islamic Mortgage, and analyse the scheme in Maqasid Sharia perspective as Importance foundation in religion. The methods in this study are descriptive analysis research. The data used is secondary data and data collection techniques are literature studies. After discussing, the results showed that Non-Bank Islamic Mortgage cause a lot of harm in term of customer and sharia developer it self in Maqāsid Sharia perspective.
Highlights
One of the Principles of human needs besides eating, clothing is to have a home.Home is the most expensive asset owned by someone during his lifetime, so that all ways are done to get the desired home and one of ways to get the desired home is to use the credit scheme through Sharia banking
People will go through the bank as intermediary to help have the desired home, and one of the propensities to choose the sharia bank because it is believed to be free from Riba, and akad that is not allowed in Shariah
Sharia banks are in principle and operational differ from conventional banks, but not few consider that banking is the same as both sharia banks and conventional banks
Summary
Home is the most expensive asset owned by someone during his lifetime, so that all ways are done to get the desired home and one of ways to get the desired home is to use the credit scheme through Sharia banking. People will go through the bank as intermediary to help have the desired home, and one of the propensities to choose the sharia bank because it is believed to be free from Riba, and akad that is not allowed in Shariah. House ownership credits arise because there is a high need among the community to be able to have a home. Along with its development, financing schemes or home loans are carried out in Islamic banks. Financing scheme or house credit in sharia banks, involving three parties, namely developers as a home maker, the customer as the party who ordered the house and bank as an intermediary. The other Akad is used Musyarakah Mutanaqisah (MMQ) which is a derivative between partnership and lease or Ijarah (Smolo.E & Hasan, 2011)
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